Current through Register Vol. 46, No. 51, December 18, 2024
Section 451.98 - Expenditure(a) The incurring of a liability, the payment of cash or the transfer of property for the purpose of acquiring an asset or service or settling a loss.(b) The amount of cash or property paid or to be paid for a service rendered, or an asset purchased.(c) Any cost, the benefits of which may extend beyond the current accounting period.N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.98